. >> the man behind the innovation and the rapidly growing business is jack dorsey, also widely known as the creator of twitter. we spoke with him during his visit to launch the service. >> hello, how are you? >> who are you? >> nice to meet you. my name is koti. >> nice to meet you. >> what is square? >> the simplest way to start accepting credit cards. that's how we started. what we realized was it wasn't just a way to accept payments. it was a way to actually run and grow your business. we started with individuals. we started with people like flight instructors, piano teachers, dog walkers. >> what would you like to achieve in the japanese market? >> i would love to see more small merchants, medium sized merchants grow. i want to see them become bigger entities. i want to see them really be able to start immediately. i think it's extremely evident in japan. we see a lot of entrepreneurs in this country. and a simple tool like this enables them to move very fast and to realize the dream faster than ever. >> what was the most interesting experience for you, using square? >> it really

the co-founder jack dorsey has told bloomberg in recent months that the company is " not even thinking " of an ipo. twitters ipo is expected to be the biggest consumer internet ipo since facebook. when you smoke, addictive ingredients like nicotine pull you in. every day, over 1200 people die from smoking-related diseases. don't sink deeper into addiction. pull yourself out! >>erica: good morning and welcome to the kron4 morning news. the timeout is 712. very great start to the day with morning fog. satellite and radar impacting upon the coastline and working its way inland. he concedes that the current our we have caught cover of livermore up toward napa as well. although the clouds are fairly thick they're not that close to the ground. we're not talking about issues of visibility. you can see by 12:00 looks like many sunny skies for most of us. inland at least. certain chronic conditions inside the bay. stubborn clouds along the immediate coast line. as we break down the numbers you notice plenty of '70s so very comfortable conditions in the south bay. some develop high of 74 degrees

jack dorsey all atwitter. here's a hint for you.didn't warn you. >>> could rising rates in mortgage rates actually be a good thing for you? our guest says yeah. he'll make the case in a moment. >>> long day for bill griffeth, by the way, with a special today, too. >> aits special on wall street so we have a special tonight, but first we get to what's coming up on "closing bell." an all-time high for the dow as we enter this final area of trading. big rally today on its reorganization plan. we're going to look at the charts and see whether it's time to buy this, still, or is it time to take profits? >>> also, the big banks kick off their earnings tomorrow morning. we'll look at whether the results will fuel the next leg of this rally. and just because we could, he have ultra bear harry dent to explain why investors should be taking profits now before the market crashes. we look forward to seeing you at the top of the hour, and on the special "street signs" but more coming your way after this. for. for those who love you a little and

and jack dorsey of twitter, with an ipo in 2014, and jeff sullivan stepped aside as ceo of zynga to brings mentor, larry ellison, meg whitman of hp came in, meaning forward. and eric schmidt of google, and shooting fish in a barrel even though they are told not to talk this morning and his master's voice, larry page, ceo of google who has that voice problem doing his first public appearance certainly here despite the voice problem which must be on the mend. we will be updating you all day as we get more shreds from the media conference. a lot going on. cheryl: we will see you at the bottom of the hour with a lot more. we will see you in a little bit. top of the hour, stocks every 15 minutes, nicole petallides on the floor of the stock exchange, always talking about the dow, the s&p and the nasdaq on fire right now. nicole: we have seen them doing well, focusing sea levels and down fractionally as you see, the nasdaq composite manages to hold on to those gains and in closing yesterday at the highest level in 12 years with the nasdaq, reminiscent of october of 2000 so you are seeing some ga

twitter co-founder jack dorsey has told bloomberg in recent months that the company is " not even thinkingipo. twisters ipo is expected to be the biggest consumer internet ipo since facebook. >> coming up on kron 4 news as 6:00 a.m.. a storm headed took the hawaiian islands has bee drawn great been downgra tropical depression. more on the storm's path, and is affecting traveling here in the bay area. >> a plan from caltran could have the new eastern span of the bay bridge opened before the target date in december. how engineers are doing their part to make sure that the broken bolts are replaced in a hurry. >> seven people are hospitalized in a few others are in critical condition following an explosion at its florida gas plant. >> we will be right >> good morning, top stories we're following this tuesday july 30th. a fire in san francisco's visitacion valley uncovers a marijuana grow. we'll have more on what fire crews discovered. >> bart negotiators head back to the table today after yet another *unsuccessful day of talks. what's next for workers and riders as we are now just five days a

with an ipo expected in the next year, twitter ceo and jack dorsey are also here.llion dollar acquisitions or ipos. including the ceo of stripe, patrick collision, alex carp, nicholas woodman who is the ceo of go pro and pinterest ceo ben silverman. who is not here? larry page isn't coming because he's ill. don mattrick isn't making the trip and ma rissa mayer wasn't on the list. i asked jack dorsey if he'd be posting vines through the conference on twitter and he said, absolutely. >> whoever's manning the camera at that entrance, julia is awfully busy. that was a lot of good tape of executives getting out of their cars. we'll come back to you later on, julia boorstin in sun valley. >>> meantime, a judge ruling against apple finding the tech titan violated the law on ebooks. they cannot ignore the anti-trust laws when they believe it is in their self-interest to do so. as apple celebrates the five-year anniversary of the app store. lance is the editor in chief and the associate editor at in gadget. >> good morning, thanks for having us. >> it's sort of an inauspici

yesterday, jack dorsey went hiking and skeet shooting.e action in stocks today. the dow is up 141 points. let's talk to art cashin. that's exactly what we'll do when we come back after a short break. [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >>> got a lot of movement in the market today. dow opened up to about these levels and has hung there, hasn't budged either way. we've seen gap opens like this before. is this one any different? >> it certainly feels different. first of all let's look back at what's happened every day this week when we've had a rally. we had a 10:00 pullback. we haven't had a 10:00 pullback. second airily, while you cannot guarantee that short covering is taking place, this looks like, smells like and feels like huge short covering. i think there is enough blood in